Cathy Bessant, BoA: coping with complexity


Sibos keynote speaker Cathy Bessant, global technology and operations executive at Bank of America, tells Banking Technology why she’s looking forward to the challenges ahead.

FIX Protocol: Taking care of business

Adams: using standards to address regulatory requirements

Twenty years ago several hundred dealing room IT and market data specialists gathered at Salomon Brothers premises in Buckingham Palace Road. Representatives of Goldman Sachs, JP Morgan, Merrill Lynch, NatWest Markets, Nomura, Schroders – the whole of London’s trading and investment management community, pretty much, was there.

CloudING over: ING’s Steve Van Wyk on cloud

ING's Steve Van Wyk

The role of cloud computing in financial services has polarised opinion over the past few years. While the cloud approach clearly has its supporters, there has been an equally vocal opposition arguing that issues such as customer data sensitivity and regulatory oversight of where that data is kept – as well as basic security concerns – mean that cloud computing is not appropriate in the industry.

A world of change: SunGard’s David Hamilton interviewed

SunGard Banking, covering the retail, commercial and private wealth sectors, has been conducting a lot of research on the market over the past year. David Hamilton, president of the division, says that the company wanted to understand more about the changes that are happening in the market, in terms of customer demographics and geographical differences, […]

Interview: Adrian Kamellard, the Payments Council

If anything were needed to serve as a reminder of the extent to which payments affects almost everyone, the controversy that the UK Payments Council found itself in two years ago would be a good place to start. Founded in 2007 at the instigation of HM Treasury and the Office of Fair Trading, the Payments […]

Sticking with it: Interview with Scott Barton, chief executive of RBS GTS

As his first year in office comes to a close, Scott Barton, chief executive of Global Transaction Services at Royal Bank of Scotland, talks to Neil Ainger about his long-term plans for the unit and the challenges ahead – not least the eurozone crisis, mobiles, eBAM and changing world trade flows. The transaction banking business […]

The future of payments: Interview with Visa Europe’s Sandra Alzetta

With the rollout of NFC technology, Visa’s P2P mobile payment offering and what’s been billed as the first contactless Olympic Games, Neil Ainger caught up with Visa Europe’s svp of innovation, new product and channel development, Sandra Alzetta, to discuss the future of payments. In Europe, there are currently 430 million Visa debit, credit and […]

Interview: State Street CIO Chris Perretta

Since the financial crisis, there has been a discernible recovery of control over systems spending and development by the business side from the IT organisation, which has often had things too much its own way. But when an organisation embarks on a large-scale migration to a totally new architecture, it is crucial to strike a […]

New BSA chairman: no tlc for the plc

Britain’s mutuals elected a new leader last month during the annual Building Societies Association conference. Chief executive of the Principality Building Society, Peter Griffiths, spoke to Banking Technology about his plans for the future, the impact of the crash and resulting regulations on the sector, consolidation, the need for shared tech services, and how to fight […]

Corridors of power

Jan Verplancke1crop2

Standard Chartered has grown and changed dramatically over the past few years. Jan Verplancke, chief information officer and group head of technology and operations, tells David Bannister about the role of the technology underlying these changes.